LBC: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
LBC
Largest movements
- Tangible fixed assets -€14,511
down €14,511 (-88.4%), from €16,420 to €1,908
- Cash +€9,150
up €9,150 (+10.4%), from €88,207 to €97,357
mainly Net result for the year (+€38,244) and Depreciation (+€14,511)
- Other debts +€11,420
up €11,420 (+48.9%), from €23,349 to €34,769
- Current portion of long-term debt -€11,109
down €11,109 (-83.2%), from €13,344 to €2,235
- Trade debts -€4,645
down €4,645 (-76.3%), from €6,089 to €1,444
- Reserves +€3,000
up €3,000 (+5.6%), from €54,000 to €57,000
- Debts after one year -€2,235
down €2,235 (-100%), from €2,235 to €0
- Gross operating margin +€18,230
up €18,230 (+37.6%), from €48,437 to €66,667
- Taxes +€3,755
up €3,755 (+48.8%), from €7,698 to €11,453
- Financial charges +€977
up €977 (+264%), from €370 to €1,347
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €106,785 | €101,481 | -€5,304 | -5.0% |
| Fixed assets | 21/28 | €16,420 | €1,908 | -€14,511 | -88.4% |
| Tangible fixed assets | 22/27 | €16,420 | €1,908 | -€14,511 | -88.4% |
| Furniture and vehicles | 24 | €16,420 | €1,908 | -€14,511 | -88.4% |
| Current assets | 29/58 | €90,365 | €99,573 | +€9,207 | +10.2% |
| Amounts receivable within one year | 40/41 | €1,121 | €1,200 | +€79 | +7.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €1,121 | €1,200 | +€79 | +7.0% |
| Cash at bank and in hand | 54/58 | €88,207 | €97,357 | +€9,150 | +10.4% |
| Deferred charges and accrued income | 490/1 | €1,038 | €1,016 | -€21 | -2.1% |
| Total equity and liabilities | 10/49 | €106,785 | €101,481 | -€5,304 | -5.0% |
| Equity | 10/15 | €58,857 | €60,101 | +€1,244 | +2.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €54,000 | €57,000 | +€3,000 | +5.6% |
| Distributable reserves | 133 | €54,000 | €57,000 | +€3,000 | +5.6% |
| Profit (loss) carried forward | 14 | €1,857 | €101 | -€1,756 | -94.5% |
| Amounts payable | 17/49 | €47,927 | €41,380 | -€6,548 | -13.7% |
| Amounts payable after more than one year | 17 | €2,235 | €0 | -€2,235 | -100% |
| Financial debts | 170/4 | €2,235 | €0 | -€2,235 | -100% |
| Amounts payable within one year | 42/48 | €45,692 | €41,380 | -€4,312 | -9.4% |
| Current portion of amounts payable after more than one year | 42 | €13,344 | €2,235 | -€11,109 | -83.2% |
| Trade debts | 44 | €6,089 | €1,444 | -€4,645 | -76.3% |
| Suppliers | 440/4 | €6,089 | €1,444 | -€4,645 | -76.3% |
| Taxes, remuneration and social security | 45 | €2,910 | €2,931 | +€22 | +0.7% |
| Taxes | 450/3 | €2,910 | €2,931 | +€22 | +0.7% |
| Other amounts payable | 47/48 | €23,349 | €34,769 | +€11,420 | +48.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,511 | €14,511 | -€0 | 0.0% |
| Other operating charges | 640/8 | €1,037 | €1,072 | +€35 | +3.3% |
| Non-recurring operating charges | 66A | - | €40 | +€40 | |
| Gross operating margin | 9900 | €48,437 | €66,667 | +€18,230 | +37.6% |
| Operating profit (loss) | 9901 | €32,889 | €51,044 | +€18,155 | +55.2% |
| Financial income | 75/76B | €468 | €0 | -€468 | -100% |
| Recurring financial income | 75 | €468 | €0 | -€468 | -100% |
| Financial charges | 65/66B | €370 | €1,347 | +€977 | +264% |
| Recurring financial charges | 65 | €370 | €1,347 | +€977 | +264% |
| Profit (loss) for the period before taxes | 9903 | €32,987 | €49,697 | +€16,709 | +50.7% |
| Income taxes | 67/77 | €7,698 | €11,453 | +€3,755 | +48.8% |
| Profit (loss) for the period | 9904 | €25,290 | €38,244 | +€12,954 | +51.2% |
| Profit (loss) for the period to be appropriated | 9905 | €25,290 | €38,244 | +€12,954 | +51.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.